Yes, as complex as it gets since 10th January low, there's still a chance that this wave pattern could bounce again. image

Oil and Natural Gas

USOIL back to 55.00 before the push down image

Oil and Natural Gas

GBPUSD long on wave (c) of (a)-(b)-(c) zigzag image

Elliott Wave Trading

NGAS set for advance towards 4.3000 image

Oil and Natural Gas

image

Elliott Wave Trading

GBPUSD Setting up for a wave (c) advance of an (a)-(b)-(c) zigzag near 50% retracement of (a), but no more than 61% image

Elliott Wave Trading

USOIL short on a 3rd wave of ending diagonal (c) yellow for good R/R, SL @ top of (b). image

Oil and Natural Gas

'Invalidation' means readjustment of wave count*, while the revised wave count is still poised for an advance. * ref. MEW G. Neely ch. 5-11 & ch. 12-5 on channelling Great place to buy and I like your target 4.3000. See you there! image

Oil and Natural Gas

So close to invalidation @ the 2-4 channel line, it's worth buying on an impulse wave (5) blue, for good R/R, SL @ 2.8500. image

Oil and Natural Gas

Yeah, still setting up for shorts probably from 54.30 on a 3rd wave of Ending diagonal (c), SL @ 56.10. image

Oil and Natural Gas

Reference: Mastering Elliott Wave by Glenn Neely 1. Corrective Patterns ch.11 p.7-19 2. Complex Corrections with X-waves ch.8 p.3-15

Elliott Wave Trading

USDJPY H1 Medium-term range shorts on an expanding Ending Diagonal (c) red, which likely terminates towards 111.90 image

Elliott Wave Trading

Sorry, I don't trade NGAS according to temperatures.

Oil and Natural Gas

NGAS H4 As waves evolve, more narrow ranges before the advance. image

Oil and Natural Gas

Yes, it's been in tight ranges and there's more to come. Looking at short setup for longer range near 54.60 sometime next week. image

Oil and Natural Gas

It's alright, it's close to wave (c) completion and 2.8370 is the invalidation point.

Oil and Natural Gas

NGAS Daily - setup long from 2.990 towards 4.3700, SL @ 2.8370. image

Oil and Natural Gas

XAUUSD daily - An impulse wave (C) red started from December 2015 low. Now looking at and projecting wave (5) of (C) between Fib. retracement levels, towards 1542. Long-term long setup on 0.6182 retracement near 1160.00, SL at invalidation @ 1135.00 ...

Elliott Wave Trading

EURUSD Trading long long-term on a zigzag a-b-c wave 4 within a proposed ending diagonal wave C orange. Maintaining course in rough seas (conflicting opinions) due N-E towards waypoint 4 @ at least 1.1200 in about 8-10 weeks. image

Elliott Wave Trading

Regarding ED rules, ED not only occur in 5th wave of impulse, but also take place in C wave of Corrections where it's most vital, as both EWI and MEW Neely suggested: 1. Elliott Wave International url "Ending diagonals can form only in the fifth ...

Elliott Wave Trading